China Growth Stocks

[Gene_finder]

AMBO reached my target of $2.00/share much faster than 12 month. The chart is in the same pattern of CCME. Will ZERO be the next stop for this stock?? People who bet on its doubling from $5 has lost money.

June, 2012:

Buy it now after a big drop, if you can take risk to lose another 50% in 12 month. The stock will be $2.00 in 12 month. Again, a 20% drop does not equal to a 40% profit the same as a 50% drop does not equal to 100% profit.

I do not even look at the reported numbers of AMBO because 1) it is un-audited, and 2) there is no internal central what so ever. The company can basically put on any numbers. A pig is a pig, no matter what lipstick it put on.

Their revenue number is a joke. LOL. Let me tell you how it can report any revenue numbers.

Let's see the tuition for one student is $1000 for 3 month tutoring.
A 1000 students generates a $1 million revenue.
Now the tuition of each student is increased to $2000 and for 3 month tutoring, but the each student is offered $1000 early bird rebate (what ever you can call it). Now 1000 student can generate $2 million revenue. $1 million is accounted as advertising revenue.
Similarly, AMBO can reports $10 million out of the same 1000 students.

Did the resignation of CFO tell you anything? I guess that the auditor resignation will be next.